For Many Wealthy Brazilians, Portugal Is Becoming the New Miami

A growing number of middle to upper class Brazilians are favouring Portugal over other traditional destinations such as Miami, Florida, to flee the South American country’s crippling crime, corruption and economic crisis, settling in cities like Lisbon, Porto and Coimbra to build a better life.

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For Many Wealthy Brazilians, Portugal Is Becoming the New Miami. Bloomberg – Henrique Almeida. brazilian entrepreneur ricardo bellino knows a good deal when he sees one. So after more than a decade living in Miami, he decided to move across the.

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Brazil has ranked as the top foreign nation searching online for South Florida real estate in 17 of the last 18 months, according to the Miami Association of Realtors. And Brazilians were among.

A 1938 hurricane washed many Fenwick homes out to sea. and that has led some to question whether the wealthy are being given an unfair break. In New York’s Southampton, for instance, a boundary.

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Portuguese Brazilians (Portuguese: luso-brasileiros) are Brazilian citizens whose ancestry originates wholly or partly in Portugal.Most of the Portuguese who arrived throughout the centuries in Brazil sought economic opportunities. Although present since the onset of the colonization, Portuguese people began migrating to Brazil in larger numbers and without state support in the 18th century.

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For many wealthy Brazilians, Portugal is becoming the new Miami Tue, May 21, 2019 – 5:16 PM [LISBON] Brazilian entrepreneur Ricardo Bellino knows a good deal when he sees one.